Login

10485 Santa Cruz Road, Desert Hot Springs, CA 92240

Desert Hot Springs
Local realty services provided by:CENTURY 21 Adams & Barnes
10485 Santa Cruz Road,Desert Hot Springs, CA 92240
$589,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: maria corbisiero
Office: compass619-317-1875
MLS#:219148018DA
Source:CRMLS

Price summary

  • Price:$589,000

About this home

4-UNITS: fully remodeled, income producing property. 100% occupied with long-term tenants and generating strong verified rental income. This stabilized, low-maintenance asset is an ideal addition to any investment portfolio. The property features three studio units and one 1-bedroom/1-bathroom unit, all updated in a full 2023 renovation including kitchens, bathrooms, windows, etc. Tenants enjoy an attached on-site laundry room, a premium amenity that keeps vacancy low and tenants happy. Pest control service is already in place.**Why this property stands out:**Strong fundamentals with a 9.08% cap rate and GRM of 8.59 - well below the Coachella Valley market average of 10-12x. The debt coverage ratio sits at a healthy 1.60, making this an easy financing story for buyers. Unit #4 is currently $150 below market rent, representing approximately $1,800/year in untapped NOI at the next lease renewal -- with no work required.Desert Hot Springs continues to benefit from population growth,...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1965
  • Listing ID #:219148018DA
  • Added:56 day(s) ago
  • Updated:July 14, 2026 at 12:45 PM

Rooms and interior

  • Flooring:Laminate
  • Kitchen Description:Dishwasher, Refrigerator

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Electric

Structure and exterior

  • Year built:1965
  • Lot area:0.25 Acres
  • Lot Features:Level with Street, Yard
  • Foundation Description:Slab

Finances and disclosures

  • Price:$589,000

Features and amenities

  • Appliances:Dishwasher
  • Amenities:Water Heater

Parking

  • Total parking spaces:8
  • Parking description:Driveway
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Adams & Barnes is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Adams & Barnes, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Thomas Adams

New listings near 10485 Santa Cruz Road